Tag: Moniepoint
Moniepoint empowers next-gen techies
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Moniepoint Inc., a leading digital financial services provider, launched a groundbreaking initiative called DreamDevs to bolster Africa’s burgeoning…
Moniepoint suffers security breach, hacker steals ₦1.1 billion from multiple customers’ accounts
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At least ₦1.1 billion has been stolen from an unspecified number of Nigerians who deposited their money in…
Moniepoint, Visa partner to foster SMEs’ growth across Africa
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Visa, a multinational payment corporation, has made a strategic investment in Nigerian fintech unicorn Moniepoint to support its…
TymeBank and Moniepoint: The fintech champions transforming Africa’s informal markets
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In recent weeks, two African fintech giants, TymeBank and Moniepoint, have achieved unicorn status, raising over $1 billion…
CBN cracks down on Moniepoint, OPay with ₦1 billion fine each over regulatory violations
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The Central Bank of Nigeria (CBN) has intensified its oversight on the fintech sector, imposing ₦1 billion fines…
Opay, Moniepoint, others begin N50 stamp duty deductions on transactions exceeding N10,000
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Fintech firms such as OPay, Moniepoint, and others have begun deducting N50 Electronic Money Transfer Levy (EMTL) from…
Moniepoint eyes commercial banking license to expand financial services in Nigeria
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The latest Nigerian fintech unicorn, Moniepoint, is pursuing a commercial banking license from the Central Bank of Nigeria…
Moniepoint lands $110M Series C led by DPI, backed by Google
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Fintech startup Moniepoint, based in Nigeria, announced on Tuesday that it has secured $110 million in fresh capital…
Opay, others to charge N50 levy on electronic money transfers in Nigeria
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Nigerian fintech companies like OPay, Moniepoint, and PalmPay will charge N50 for electronic payments of N10,000 or more…
CBN lifts Opay, Moniepoint, others account ban following compliance efforts
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The Central Bank of Nigeria (CBN) has announced that the ban on new account openings for leading fintechs,…